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Al-Babtain Power and Telecommunication Co. 2022 Annual Results

Revenue

SAR 1.93B

Net Profit

SAR 60M

Al-Babtain Power and Telecommunication Co. (2320) reported full year 2022 revenue of SAR 1.93B, up 247.5% from SAR -1.31B in 2021. Net profit came in at SAR 60M, up 18.0% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2022	2021
Revenue	SAR 1.93B	SAR -1.31B
Net Profit	SAR 60M	SAR 51M
Gross Profit	SAR 277M	SAR 167M
Net Margin	3.1%	-3.9%
ROE	7.1%	6.1%
Total Assets	SAR 2.83B	SAR 2.49B
Total Equity	SAR 851M	SAR 835M

Year on Year Comparison

Revenue increased by 247.5% compared to 2021. Net profit increased by 18.0%. Both revenue and profit grew — indicating expanding business.

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Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2023-04-10.